Refer to Figure 11.2. Suppose that Ca = 40, MPC = 0.8, I = 10. The slope of the consumption function is

A) 0.1. B) 0.2. C) 0.8. D) 0.9.

C

Economics

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When providing a good involves assembling several parcels of contiguous land, private individuals may encounter difficulty negotiating the purchase of those parcels

Indicate whether the statement is true or false

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Adam Smith developed the theory of comparative advantage as we know it today

a. True b. False Indicate whether the statement is true or false

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